"Philippe Gas Philippe Gas (born 1964 in at Rueil-Malmaison) was the president of Euro Disney S.A.S., the management company of Euro Disney S.C.A. and Euro Disney Associés S.C.A., the operator of Disneyland Paris until September 2014. He was CEO of Euro Disney SAS since September 2008, replacing Karl Holz. After studying law at Panthéon-Assas University and spending two years with General Motors, Philippe Gas joined Disney in 1991 as finance controller and served on the team that opened Disneyland Paris in April 1992. In 1997, he was promoted to Director of Corporate Compensation at Disney's headquarters in Burbank, California. In"
"Michael Eisner and then French Prime Minister Laurent Fabius in regards to building the theme park at Marne-la-Vallée, France on 4400 acres. The theme park plans were approved by the Île-de-France regional council on 11 July 1986. The Walt Disney Company appointed Robert Fitzpatrick as Euro Disneyland president on 12 March 1987. On 24 March 1987 Euro Disney signed an agreement with the French government. Construction on Euro Disney Resort began in August 1988. In February 1989 Euro Disney SCA licensed The Walt Disney Company's intellectual property for the French theme park. Euro Disney went public by trading on the"
"word ""Euro"" was phased out of several names, including Euro Disney. The park was known as Euro Disney until May 1994, Euro Disneyland Paris until September 1994, Disneyland Paris until February 2002, and Disneyland Park (English) and Parc Disneyland (French) since March 2002. As Michael Eisner noted, ""As Americans, the word 'Euro' is believed to mean glamorous or exciting. For Europeans it turned out to be a term they associated with business, currency, and commerce. Renaming the park 'Disneyland Paris' was a way of identifying it with one of the most romantic and exciting cities in the world."" Disneyland Park"
"and no more than a two-hour flight for a further 300 million. Michael Eisner, Disney's CEO at the time, signed the first letter of agreement with the French government for the site on 18 December 1985, and the first financial contracts were drawn up during the following spring. The final contract was signed by the leaders of the Walt Disney Company and the French government and territorial collectivities on 24 March 1987. Construction began in August 1988, and in December 1990, an information centre named ""Espace Euro Disney"" was opened to show the public what was being constructed. Plans for"
"Euro Disney S.C.A. Euro Disney S.C.A. is a wholly owned subsidiary of The Walt Disney Company responsible for Disneyland Paris in Marne-la-Vallée, France. Disneyland Paris comprises Disneyland Park, Walt Disney Studios Park, Disney Village, and seven on-site Disney Hotels. Val d'Europe is a new residential and shopping development. Another seven hotels/residences have been built not far from the two Disney theme parks on land held under Euro Disney SCA's lease, including properties from companies such as Holiday Inn, Kyriad, MyTravel and Radisson Hotels. The Resort is a result of an agreement signed on 24 March 1987 between The Walt Disney"
"lasted until March 2006 to bring new, first-time European visitors to the resort. And by 2005, having been open fewer than fifteen years, Disneyland Paris had become the number one tourist destination for Europe, outselling the Louvre and the Eiffel Tower. In March 2006, Disneyland Resort Paris launched the advertising campaign, ""believe in your dreams"" and paired with the TGV East European Line to encourage European family attendance to the resort. Shortly after announcing a 12% increase in revenues for the fiscal year of 2007, Euro Disney S.C.A. implemented a ""reverse split"" consolidation of shares of 100 to 1. August"
"climbed from 60 to 68.5%. After debt payments, Disneyland Paris ended the year with a net profit of US$22.8 million. As of March 2002, Euro Disney underwent a name change to Disneyland Resort Paris. In 2002, Euro Disney S.C.A. and the Walt Disney Company announced another annual profit for Disneyland Paris. However, it then incurred a net loss in the three years following. By March 2004, the Walt Disney Company had agreed to write off all debt that Euro Disney S.C.A. owed to the Walt Disney Company. On 1 December 2003, Euro Disney S.C.A launched the 'Need Magic' campaign, which"
"additional 1.5 Billion Euro to strengthen the company. On 13 June 2017, The Walt Disney Company announced the offer was successful and they hold over the 95%, Euro Disney S.C.A was delisted on 20 June, falling entirely under Walt Disney Parks, Experiences and Consumer Products for the first time in its 25-year history, making The Walt Disney Company the sole owners of the Disneyland Paris property Euro Disney S.C.A. Euro Disney S.C.A. is a wholly owned subsidiary of The Walt Disney Company responsible for Disneyland Paris in Marne-la-Vallée, France. Disneyland Paris comprises Disneyland Park, Walt Disney Studios Park, Disney Village,"
"advice to stay away and that the one-day strike that cut the direct RER railway connection to Euro Disney from the centre of Paris made the park inaccessible. Due to the European recession that August, the park faced financial difficulties as there were a lack of things to do and an overabundance of hotels, leading to underperformance. A new Indiana Jones roller-coaster ride was opened at Euro Disney in the summer the next year, 1993. However, a few weeks after the ride opened there were problems with the emergency brakes which resulted in guest injuries. The ride was shut down"
"informal takeover of Euro Disney S.C.A., buying 9% of the company from Kingdom Holding and an open offer of 2 Euro per share for the remaining stock. This brought The Walt Disney Company's total ownership to 85.7%. The Walt Disney company will also invest an additional 1.5 Billion Euro to strengthen the company. Following the success of Disneyland in California and Walt Disney World in Florida, plans to build a similar theme park in Europe emerged In 1972. Under the leadership of E. Cardon Walker, Tokyo Disneyland opened in 1983 in Japan with instant success, forming a catalyst for international"
"closed from 14 to 17 November 2015, as part of France's national days of mourning following the November 2015 Paris attacks. On 19 June 2017, the resort's operating company, Euro Disney S.C.A, was acquired by The Walt Disney Company, in the process, giving them full control of the resort. On 27 February 2018, Bob Iger announced that The Walt Disney Company will invest €2 billion into the Disneyland Paris resort. The Walt Disney Studios Park will be expanded with three new areas based upon Marvel, ""Frozen"" and ""Star Wars"". In addition to the three new areas, the expansion includes a"
"Disneyland (now Disneyland Paris) opened on April 12, 1992, it featured a version of the attraction located in Adventureland, named La Cabane des Robinson. Tokyo Disneyland also has a Swiss Family Treehouse which opened in 1993, ten years after the park's debut. In the Disney Sing Along Songs volume ""Disneyland Fun"", the Swiss Family Treehouse sign was seen during the song ""Following the Leader"". Swiss Family Treehouse Swiss Family Treehouse is an attraction featured at several Walt Disney Parks and Resorts. The remaining versions based on the original are located at Magic Kingdom Park, Tokyo Disneyland and at Disneyland Park"
"Walt Disney Studios Park Walt Disney Studios Park (French: Parc Walt Disney Studios) is the second of two theme parks built at Disneyland Paris in Marne-la-Vallée, France, which opened on March 16, 2002. It is dedicated to show business, themed after movies, production, and behind-the-scenes. In 2016, the park hosted approximately 4.97 million guests, making it the third-most visited amusement park in Europe and the 22nd-most visited in the world, though it has the lowest attendance figures of all twelve Walt Disney parks. Its sister park is Disney's Hollywood Studios at Walt Disney World in Florida. The park is represented"
"included serving alcoholic beverages with meals inside the ""Euro Disneyland"" theme park, in response to a presumed European demand, which began June 12, 1993. In January 1994, Sanford Litvack, an attorney from New York City and former Assistant Attorney General during the Jimmy Carter presidency, was assigned to be Disney's lead negotiator regarding ""Euro Disney's"" future. On February 28, Litvack made an offer (without the consent of Eisner or Frank Wells) to split the debts between ""Euro Disney"" creditors and Disney. After the banks showed interest, Litvack informed Eisner and Wells. On March 14, the day before the annual shareholders"
"sells the most souvenirs of any Disney theme park. In contrast, Disneyland Paris failed when it launched as Euro Disney because the company did not research the codes underlying European culture. Its storybook retelling of European folktales was taken as elitist and insulting, and the strict appearance standards that it had for employees resulted in discrimination lawsuits in France. Disney souvenirs were perceived as cheap trinkets. The park was a financial failure because its code violated the expectations of European culture in ways that were offensive. On the other hand, some researchers have suggested that it is possible to successfully"
"the second Disney park to open outside the United States following the opening of the Tokyo Disney Resort in 1983. The current CEO is Catherine Powell. Walt Disney announced a €1 billion ($1.25 billion) bailout plan to rescue its subsidiary Disneyland Paris, the Financial Times reported on 6 October 2014. The park is burdened by its debt, which is calculated at about €1.75 billion ($2.20 billion) and roughly 15 times its gross average earnings. Until June 2017, Disney only held a majority stake in the resort, when they bought the remaining shares. In 2017, The Walt Disney Company offered an"
"January 2, 2001, Disney's Paradise Pier Hotel on December 15, 2000, and Downtown Disney on January 12, 2001. Disneyland was rebranded Disneyland Park to distinguish it from the larger resort complex. The resort focuses on Mickey Mouse and other Disney characters and occupies . The Walt Disney World Resort opened October 1, 1971, in Lake Buena Vista, Florida, with the Magic Kingdom theme park and three resort hotels. It expanded with the opening of Epcot in 1982, Disney-MGM Studios (now Disney's Hollywood Studios) and Disney's Typhoon Lagoon in 1989, Disney's Blizzard Beach in 1995, Disney's Animal Kingdom in 1998, Disney"
"park attendance was around 25,000 (some reports give a figure of 30,000) instead of the predicted 60,000. ""Euro Disney's"" stock price spiralled downwards and on July 23, 1992, the Resort announced an expected net loss in its first year of operation of approximately 300 million French francs. During ""Euro Disney's"" first winter, hotel occupancy was such that it was decided to close Disney's Newport Bay Club hotel for the season. Initial hopes were that each visitor would spend around US$33 per day, but near the end of 1992, analysts reckoned spending to be around 12% lower. Efforts to improve attendance"
"Disney Company, for the construction of an urban project near the pre-existing theme park. The aim of this project was to re-balance the economic development of the Île-de-France region and the East of the Paris basin. It was not until 1996 that agreements on the proposed development were signed between the land owners, Eurodisney CSA, and developers, Ségécé, for the creation of a large shopping mall. Construction began in October 1998 and the mall was opened two years later, on 25 October 2000. In 2002, Val d’Europe won an ICSC International European Shopping Centre PROCOS award in the New Developments:"
"a theme park next to Euro Disneyland based on the entertainment industry, Disney-MGM Studios Europe, quickly went into development, scheduled to open in 1996 with a construction budget of US$2.3 billion. The construction manager was Bovis. In order to provide lodging to patrons, it was decided that 5,200 Disney-owned hotel rooms would be built within the complex. In March 1988, Disney and a council of architects (Frank Gehry, Michael Graves, Robert A.M. Stern, Stanley Tigerman, and Robert Venturi) decided on an exclusively American theme in which each hotel would depict a region of the United States. At the time of"
"advisor Mustafa Al Hejailan to rescue the overleveraged company. In that deal, the Walt Disney Corporation's 49 percent stake was reduced to 39 percent, the banks agreed to forego interest payments until 1997, Disney wrote off royalties and fees until 1999, and Alwaleed agreed to pay $345 million for a 24 percent stake in Euro Disney. On 31 May 1995, a new attraction opened at the theme park. had been planned since the inception of Euro Disneyland under the name ""Discovery Mountain"", but was reserved for a revival of public interest. With a redesign of the attraction (which had premiered"
"Disney Resorts. The ""Disney Wonder"" cruise ship began operation on August 15. Disney World's Discovery Island was closed on April 8, 1999. Walt Disney Attractions, LLC changed its name to Walt Disney Parks and Resorts, LLC on April 14, 2000, then to Disney Destinations, LLC on April 25, 2006. Tokyo DisneySea at Tokyo Disney Resort opened on September 4, 2001. The Walt Disney Company in selling its Japanese and US chains decided to keep the Disney Stores in Europe, along with the store in Manhattan, which was converted into a World of Disney store run by Walt Disney Parks and"
"into official development. The attraction used the likenesses of numerous living and deceased actors to be recreated as audio-animatronics. Plans called for The Great Movie Ride to be the main attraction for the Disney-MGM Studios Europe theme park, which was scrapped due to the early financial difficulties of the Euro Disneyland Resort. Years later when the resort began turning profits, a show business themed theme park went into development again, and the Walt Disney Studios Park opened in 2002 at the Disneyland Resort Paris, although minus The Great Movie Ride. A show called CinéMagique was built in lieu of the"
"Disney Company. One of the terms was that the ""Euro Disney Resort"" (now Disneyland Paris) immediately got 19.40 km² of land to build ""Festival Disney"" (now named Disney Village). Euro Disney SCA is the only private company within France that has had such a large say in the development of an urban area of this scale. The government was represented by an EPA (governmental development company). Disney has also contributed to the development of the new town Marne-la-Vallée. The building work started in 1987, after Jacques Chirac (then French prime minister) and Disney signed the contract. Val d'Europe was to"
"merged with Disney Consumer Products and Interactive Media segments into Walt Disney Parks, Experiences and Consumer Products. Parks and Resorts chairman Bob Chapek was named chairman of this new segment, who also previously served as head of Disney Consumer Products. Disneyland was founded as a single park by Walt Disney and opened on July 17, 1955, in Anaheim, California. Disneyland Hotel opened to the public on October 5, 1955. In 2001, the site expanded significantly and was renamed the Disneyland Resort with the opening of Disney California Adventure Park on February 8, 2001, Disney's Grand Californian Hotel & Spa on"
"as Space Mountain at the Walt Disney World Resort's Magic Kingdom in 1975) including a ""cannon launch"" system, inversions, and an on-ride soundtrack, the US$100 million attraction was dedicated in a ceremony attended by celebrities such as Elton John, Claudia Schiffer, and Buzz Aldrin. On 25 July 1995, Euro Disney S.C.A. reported its first ever quarterly profit of US$35.3 million. On 15 November 1995, the results for the fiscal year ending 30 September 1995, were released; in one year the theme park's attendance had climbed from 8.8 million to 10.7 million – an increase of 21%. Hotel occupancy had also"
"in 2008, and was completed in phases from 2010 to 2012. Disney's Grand Californian Hotel completed an expansion to add Disney Vacation Club suites, while the Disneyland Hotel started an extensive renovation in the summer of 2009 and completed in 2012. In early 2010, the park was renamed Disney California Adventure. The expansion of Disneyland into the Disneyland Resort later had a similar effect on its sister properties in Japan and France, both of which also were single parks. In 2001, Tokyo Disneyland became Tokyo Disney Resort with the addition of Tokyo DisneySea. The following year, Disneyland Park Paris became"
"parking lot of Disneyland for over 40 years. After succeeding with the multi-park business model at Walt Disney World in Florida, the Disney company decided to turn Walt Disney's original theme park into a multi-park resort complex as well. In 1991, Disney announced plans to build WestCOT, a west coast version of what was then known as EPCOT Center, on the site of Disneyland's parking lot. The high price tag of the proposed park as well as the company's financial and public relations problems with the newly opened Euro Disneyland (now Disneyland Paris) led Disney to cancel WestCOT in 1995."
"successes. Disney also broadened its adult offerings in film when then Disney Studios Chairman Jeffrey Katzenberg acquired Miramax Films in 1993. Disney acquired many other media sources, including ABC and ESPN. In the early part of the 1990s, Eisner and his partners set out to plan ""The Disney Decade"" which was to feature new parks around the world, existing park expansions, new films, and new media investments. While some of the proposals were completed, most were not. Those completed included the ""Euro Disney Resort"" (now Disneyland Paris), ""Disney-MGM Studios"" (now Disney's Hollywood Studios), ""Disney's California Adventure Park"" (now Disney California"
"own thing. Do what's American'."" Unlike Disney's American theme parks, Euro Disney aimed for permanent employees (an estimated requirement of 12,000 for the theme park itself), as opposed to seasonal and temporary part-time employees. Casting centres were set up in Paris, London, and Amsterdam. However, it was understood by the French government and Disney that ""a concentrated effort would be made to tap into the local French labour market"". Disney sought workers with sufficient communication skills, who spoke two European languages (French and one other), and were socially outgoing. Following precedent, Euro Disney set up its own Disney University to"
"the recent Paris terrorist attack, which hurt a previous 2014 park hotel investment. If this buyout is successful, it would make the resort the only resort 100% owned and operated by Disney outside of the United States of America. On June 13, 2017, The Walt Disney Company reached the 95% threshold required for a mandatory takeover according to French law, owning 97.08% of Euro Disney S.C.A., paving the way for The Walt Disney Company to become the sole owner and operator of Disneyland Paris. As part of The Walt Disney Company’s March 2018 strategic reorganization, Walt Disney Parks and Resorts"
"Disneyland Paris with Disney's Hotel Cheyenne, located on either side of a man-made river called the ""Rio Grande"". The hotel opened with the ""Euro Disney Resort"" in April 1992. The rooms are divided over a several buildings (pueblos) in a number of so-called 'trails': 10-18 Trail of Artifacts 20-33 Trail of Water 40-49 Trail of Monuments 50-58 Trail of Legends Since the grand renovation of the hotel and with the adding of the Disney-Pixar Cars theme the trails are called Luigi, Mater, McQueen and Sally respectively. Disney's Hotel Santa Fe The Disney's Hotel Santa Fe is a hotel at Disneyland"
"brown leaves. However, the red leaves faded very easily in the sun and were eventually switched to green leaves sometime during the early 1960s. In March 1999, the original attraction at Disneyland was closed. Refurbished and remodeled on a new theme, it reopened in June the same year as Tarzan's Treehouse. When the Magic Kingdom opened at Walt Disney World Resort on October 1, 1971, the Swiss Family Treehouse was one of the original attractions of Adventureland. The tree, while intended to look real, is actually made up of steel, concrete, and stucco, stretching tall and wide. Similarly, when Euro"